May 6, 2015
Accounting-AR Department
Anonymous employee
LMI reviews
3.6
62% would recommend to a friend
Josh Wilson
52% approve of CEO
50% positive business outlook
LMI has an employee rating of 3.6 out of 5 stars, based on 567 company reviews on Glassdoor which indicates that most employees have a good working experience there. The LMI employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Consulting industry (3.5 stars).
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Reviews by job title
567 reviews
2.0
Jan 27, 2015
Proud history of public service is fading, along with the quality of the company.
Current employee, more than 8 years
Recommend
CEO approval
Business Outlook
Pros
Retirement benefits even after recent cuts remains very strong. If you are able to work at a client site, the downward trends back at HQ are easy to ignore. Work life balance is generally still good, however, the trend is for management to request more "on your own time" (aka non-billable) work to offset their own high overhead expenses. Work life balance varies widely by manager.
Cons
The current CEO and Senior Management are attempting to follow a for profit structure, at a not-for-profit company. The question of what LMI wants to be has long been up in the air, it appears we are headed for a Booz style structure, but no manager will admit to that. There is not much opportunity for promotion within the company due to a small/flat management structure with a large projectized consulting staff. Senior Management only pays lip service to staff at all levels, and does not utilize the internal talent at LMI to make decisions (CEO often hires outside groups to study COAs). Rumors of huge management bonuses while the rest of the staff has seen wage stagnation have harmed morale and created an environment of mistrust. The new workspace office environment has further harmed morale. The staff is reasonable and would have accepted change to an open concept plan, however, it is difficult to understand how after so much money was spent (again, while the staff absorbs wage stagnation) the new building serves our needs so poorly.
4.0
Oct 15, 2014
Recommend
CEO approval
Business Outlook
Pros
There are many positives to working here - great co-workers, a sense of purpose, ability to tele-work or flex hours when necessary. The echelon of management above me is top notch - intelligent, doesn't micro-manage, supportive. The C-Suite is another matter. The work is challenging and new contracts bring new opportunities. Company has been very successful throughout it's history to include last five years - weathered the economic downturn well. Salary is adequate, benefits used to be great, are now average. Company's retirement contribution was recently cut, but is still better than many of my peers. Tuition reimbursement was recently cut, but is still better than many other similar companies. Personnel turnover has increased in the last six months, but leaders in my division are making changes to respond to the concerns of early career professionals and senior consultants.
Cons
Senior management has an ideology that everyone is motivated by money, and growth of the company is the only important business metric. While salaries have stagnated, and benefits have been cut, the senior leadership has seen their salaries and bonuses skyrocket. And while the number of staff has grown incrementally, the number of Vice Presidents and new titles for senior managers has more than doubled in five years. Bonuses in the company used to be a small year end "thank you", distributed across the board. The previous CEO got about $5K in 2008 - current CEO got 165K in 2011 (last year the 990 is available), and growth in executive salaries have far exceeded the rest of the company. Furthermore, senior management now focuses on company growth targets rather than excellent service to the client or how to synchronize the growing pains when support systems in a small company are no longer adequate for a medium sized company. The CEO is convinced he is the smartest person in any room he enters.
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